2min chapter

Tom Bilyeu's Impact Theory cover image

Why Your Money Becomes WORTHLESS & How To Build Wealth In The NEW ECONOMY | Robert Breedlove

Tom Bilyeu's Impact Theory

CHAPTER

A Theory of Socialism and Capitalism by Hoppe

The price of steak is up 40% because essential-granted money, well, they've stolen steak from me effectively. You are disturbing my power to control the assets that I otherwise could. The degree to which you socialize property or violate property or steal, it inhibits the ability of the production structure to adapt. So you get misallocation of capital. This leads to a lot of waste and stuff in the world. It's incentivizing all the negative things you highlighted over consumption rather than investment.

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